The short answer is YES, you can be sued even if you have a debt settlement or debt consolidation agency working for you. In Minnesota, debt settlement or debt consolidation agencies are not usually lawyers. They promise to fix debt problems, but they often can’t do it quickly enough to stop a lawsuit against you. … Read more »
What Kinds of Debt Can and Cannot Be Discharged in Minnesota Bankruptcy?
Minnesota Bankruptcy Lawyers Fighting For You If you are considering filing for bankruptcy, you probably have many questions. Often, our clients ask us what kinds of debts can and cannot be discharged. Other clients want to know what we mean when we say certain debts can be discharged. First, we’ll clarify what discharging debts means… Read more »
What Happens to Your Debt After You Die in Minnesota?
Walker & Walker Can Help You With Bankruptcy For many in Minnesota it feels like debt is something you just can’t escape. By the time you pay off a car, it is so old you need to buy a new one with a new car payment or to pay off one credit card, you have… Read more »
Why Homeowners With Bad Debt Should Use Bankruptcy to Avoid Home Equity Loans
Minnesota homeowners with bad debt should use bankruptcy to avoid home equity loans. As Minnesota bankruptcy attorneys, we’re bound to say that though, aren’t we? But here’s why. MINNESOTA LAWS ARE VERY FAVORABLE TO HOMEOWNERS In Minnesota, it is almost impossible for a debt that isn’t a mortgage to take your home. The Minnesota Homestead… Read more »
A warning to people thinking about debt settlement companies
The Consumer Financial Protection Bureau recently brought a case against Freedom Debt Relief alleging that Freedom Debt Relief wasn’t telling its customers everything about how settlement works, and that it wasn’t handling their debts like it advertised. As a bankruptcy practitioner, I meet with lots of people who have tried debt consolidation using debt settlement companies… Read more »
